Civic Intelligence

Tri-State Railway Historical Soc Inc

EIN 22-2150859 • 501(c)3 • Morristown, NJ

Profile

To preserve the history of the new jersey railroads

PO Box 1217Morristown, NJ 07962

www.tristaterail.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

37th percentile

-4.6%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

59th percentile

3.0%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

1.5%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$230,723

Up $6,802 (+3.0%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$230,723

No earlier filing loaded for comparison.

Revenue

Up

$103,541

Up $1,547 (+1.5%) from 2023

Expenses

Down

$108,355

Down $12,605 (-10%) from 2023

Net Income

Up

-$4,814

Up $14,152 (+75%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $67,974Liabilities 2011: $02011Assets 2012: $59,980Net Assets 2012: $59,9802012Assets 2013: $58,437Net Assets 2013: $58,4372013Assets 2014: $67,574Net Assets 2014: $67,5742014Assets 2015: $70,734Net Assets 2015: $70,7342015Assets 2016: $86,885Liabilities 2016: $02016Assets 2017: $137,450Liabilities 2017: $02017Assets 2018: $159,338Net Assets 2018: $159,3382018Assets 2019: $169,820Net Assets 2019: $169,8202019Assets 2020: $153,023Net Assets 2020: $153,0232020Assets 2021: $221,069Net Assets 2021: $221,0692021Assets 2022: $242,887Liabilities 2022: $02022Assets 2023: $223,921Liabilities 2023: $02023Assets 2024: $230,723Net Assets 2024: $230,7232024

Highlighted filing

2024

Assets$230,723
Liabilities-
Net Assets$230,723

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $16,445Expenses 2011: $16,141Net Income 2011: $3042011Revenue 2012: $8,182Expenses 2012: $16,176Net Income 2012: -$7,9942012Revenue 2013: $10,403Expenses 2013: $11,946Net Income 2013: -$1,5432013Revenue 2014: $25,724Expenses 2014: $16,587Net Income 2014: $9,1372014Revenue 2015: $59,689Expenses 2015: $56,529Net Income 2015: $3,1602015Revenue 2016: $50,906Expenses 2016: $34,755Net Income 2016: $16,1512016Revenue 2017: $100,436Expenses 2017: $49,871Net Income 2017: $50,5652017Revenue 2018: $85,708Expenses 2018: $63,820Net Income 2018: $21,8882018Revenue 2019: $76,514Expenses 2019: $66,032Net Income 2019: $10,4822019Revenue 2020: $18,991Expenses 2020: $35,788Net Income 2020: -$16,7972020Revenue 2021: $140,481Expenses 2021: $72,435Net Income 2021: $68,0462021Revenue 2022: $112,399Expenses 2022: $90,581Net Income 2022: $21,8182022Revenue 2023: $101,994Expenses 2023: $120,960Net Income 2023: -$18,9662023Revenue 2024: $103,541Expenses 2024: $108,355Net Income 2024: -$4,8142024

Highlighted filing

2024

Revenue$103,541
Expenses$108,355
Net Income-$4,814

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.31$2.31$1.04$1.08$0.05
2023Summary only. Only limited summary data is available for this year.$2.24$0.00$1.02$1.21$0.19
2022Summary only. Only limited summary data is available for this year.$2.43$0.00$1.12$0.91$0.22
2021Detailed filing. Detailed filing data is available for this year.$2.21$2.21$1.40$0.72$0.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$1.53$0.19$0.36$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.70$1.70$0.77$0.66$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.59$1.59$0.86$0.64$0.22
2017Summary only. Only limited summary data is available for this year.$1.37$0.00$1.00$0.50$0.51
2016Summary only. Only limited summary data is available for this year.$0.87$0.00$0.51$0.35$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.71$0.60$0.57$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.68$0.26$0.17$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.58$0.10$0.12$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.60$0.08$0.16$0.08
2011Summary only. Only limited summary data is available for this year.$0.68$0.00$0.16$0.16$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 20, 2025
Return Version
2024v5.1
Gross Receipts
$103,541
Mission and Program Overview

Mission

To preserve the history of the new jersey railroads

Program Services

DescriptionGrantsExpenses
TO PRESERVE HISTORICAL RAILWAY MATERIALS. TO COLLECT AND TO PUBLISH MEANINGFUL RAILWAY DATA.$0$7,939
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD KINGPresidentPT$0--
MICHAEL KAPLONSKIVice PresidentPT$0--
ALAN SCHERLSecretaryPT$0--
ROBERT BODENSTEINTreasurerPT$0--
ANTHONY CARPENTIERIDirector-$0--
THOMAS SCHEFFERChairman-$0--
LLOYD LEONEDirector-$0--
LOUIS CAPAWANADirector-$0--
KEVIN J PHALONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Tri-state Railway Historical Soc Inc
EIN
22-2150859
Phone
9736560707
Address
PO BOX 1217, MORRISTOWN, NJ 07962

Signing Officer

Name
Richard J King
Title
President
Phone
9736560707
Signed
2025-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Henry Hagedorn III CPA LLC
Address
16 Moyer Ct, North Haledon, NJ 07508
Preparer
Henry Hagedorn III CPA
Phone
2012481516
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

EQUIPMENT EXPENSE 7939.

Form 990EZ, Part I, Line 16

Insurance and other 9290.

Form 990EZ, Part I, Line 16

FUND RAISING 35913.

Form 990EZ, Part I, Line 16

TAXES 526.

Form 990EZ, Part I, Line 16

OPERATIONS 5350.

Form 990EZ, Part I, Line 16

MEMBER ACTIVITIES 1703.

Form 990EZ, Part I, Line 16

Depreciation 13921.

Form 990EZ, Part I, Line 16

Orgazitional support 31150.

Form 990EZ, Part I, Line 16

OTHER 2563.

Form 990EZ, Part I, Line 20

An adjustment of an earlier years activity that was not recorded in lines 1 through 17. 11616.

Raw XML Appendix218 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8KEVIN J PHALON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/TotalExpensesAmt0108355
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EQUIPMENT EXPENSE 7939.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE AND OTHER 9290.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FUND RAISING 35913.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAXES 526.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPERATIONS 5350.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Depreciation 13921.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ORGAZITIONAL SUPPORT 31150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER 2563.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9AN ADJUSTMENT OF AN EARLIER YEARS ACTIVITY THAT WAS NOT RECORDED IN LINES 1 THROUGH 17. 11616.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD J KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09736560707
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRI-STATE RAILWAY HISTORICAL SOC INC
ReturnHeader/Filer/BusinessNameControlTxt0TRI-
ReturnHeader/Filer/EIN0222150859
ReturnHeader/Filer/PhoneNum09736560707
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1217
ReturnHeader/Filer/USAddress/CityNm0MORRISTOWN
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ReturnHeader/Filer/USAddress/ZIPCd007962
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0992774147
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Henry Hagedorn III CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 Moyer Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Haledon
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007508
ReturnHeader/PreparerPersonGrp/PhoneNum02012481516
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Henry Hagedorn III CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-21T20:31:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Peer Organizations

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